Hey my names Nick, I just signed up today been following and listening to bigger pockets for a while now and always interested in real estate investing.

Then if you want to pick up a first time investor buyer and show them the ropes of the most successful long term investors in your market you can share your time and expertise now and then.

If you can learn how to co-host properly, your risks and start-up capital are much less. 

How have you all approached this, and have your software platforms been up to the task?

A very pretty area and the few houses that were left in the area looked to be in reasonable shape.

I like that I can quickly set up bank accounts for each property and sub-accounts under those so I can keep my property finances in "buckets" as I like to think of it.

Purchase price: $88,000 Cash invested: $44,811 Sale price: $190,000 1 bed 1 bath 3rd floor walk-up just a block from the lake in Roger's Park.

Getting everything set up and researching as well as connecting with great contractors and mentors to get ready for my first flip.

I know the interest they get is taxable I would probably have to set up a LLC with them being equal partners.

I asked if I had to do anything like call the tax department that has the lien and let me know there are excess proceeds and they said no I didn't need to do anything.I guess I'm good then.Thanks for the helpRay Did this end up working out like that?